If I’m not mistaken the IPO has not been priced yet. The S1 will not be approved until it is and therefore we will be in a quiet period until that info is provided. I could be wrong but there should be an S1A with pps before we see approval. As a side note I am invested in other penny stocks who have filed S1s and had them approved in a matter of 60 to 90 days. Don’t know exactly off the top of my head. What are we up to 8-9 months. In my opinion they are trying to time the IPO with a major announcement to maximize the pps on the offering. Why let the investor make money by increasing the value of the shares after when you can keep that value for yourself.
/opinion
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